ARTICLES LABELLED WITH TAG Budapest

News Futureal closes near 10,000 sqm in lease deals across Budapest
03
Mar
2025

Futureal closes near 10,000 sqm in lease deals across Budapest

by Property Forum
Futureal has announced the attraction of new tenants at its Budapest ONE and Corvin Innovation Campus office developments. The two complexes have collectively leased nearly 10,000 sqm of office space, bringing Budapest ONE to 98% occupancy and Corvin Innovation Campus to 86%.
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News Hungarian gov't backs out of "Maxi Dubai" project in Budapest
06
Feb
2025

Hungarian gov't backs out of "Maxi Dubai" project in Budapest

by Property Forum
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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News GTC & Numa Group launch first project in Hungary
04
Feb
2025

GTC & Numa Group launch first project in Hungary

by Property Forum
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest. 
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News Cordia aims to complete over 1,000 apartments in Budapest this year
28
Jan
2025

Cordia aims to complete over 1,000 apartments in Budapest this year

by Property Forum
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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News Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News Gránit Asset Management joins Hungary's Golden Visa Program
23
Jan
2025

Gránit Asset Management joins Hungary's Golden Visa Program

by Property Forum
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.   
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News Budapest office demand up 8% in 2024
21
Jan
2025

Budapest office demand up 8% in 2024

by Property Forum
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF). 
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News UDI Group kicks off first resi project in Budapest
13
Jan
2025

UDI Group kicks off first resi project in Budapest

by Property Forum
Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project. 
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News Biggeorge Property makes land purchase in Budapest
07
Jan
2025

Biggeorge Property makes land purchase in Budapest

by Property Forum
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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News Kálvin Square office in Budapest reaches near 100% occupancy
17
Dec
2024

Kálvin Square office in Budapest reaches near 100% occupancy

by Property Forum
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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